Tellico Plains, TN (37385) is a small rural town located in Monroe County. The average 2 bedroom rent is $820, which is much lower than the US average ($1,430). Grocery prices are also lower than the national average, with an index of 94 versus 100 in the US. This makes it an affordable option for those looking to live in a rural area. \nThe town provides plenty of local amenities such as the Tellico Unicoi State Park and Cherokee National Forest, giving residents plenty of recreational activities to choose from. There are several local businesses that serve the community including Cravens Creek Market, Tellico Grains Bakery & Cafe, Country Corner Café, and Mike’s Hot Dogs & Fries.
Tellico Plains (zip 37385) has an unemployment rate of 5.1%. The US average is 6.0%.
Tellico Plains (zip 37385) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Tellico Plains (zip 37385)
- The Sales Tax Rate for Tellico Plains (zip 37385) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Tellico Plains (zip 37385) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Tellico Plains (zip 37385)
- The average income of a Tellico Plains (zip 37385) resident is $19,085 a year. The US average is $28,555 a year.
- The Median household income of a Tellico Plains (zip 37385) resident is $51,364 a year. The US average is $69,021 a year.